even the hill nearby would collapse and the house there to. put the sea wall will not be enough if water levels continue to rise and even more people are forced to look for a new place called home. thank you so much for watching my colleague at chanel a do allow is up next. i'm secure in the fire. that's hard and in the end this is a me you're not allowed to stay here anymore we will send you back. are you familiar with this. with the smugglers we're alliance and the what's your story ready. i mean when i was a women especially in victims of violence and. take part and send us your story we

are trying in all ways to understand this new culture. or you are not the visitor not the guests you want to become citizen. in for migrants your platform for reliable information. jobseekers and south africa all prayed for jobs gabbers adding insult to injury in a country with record high unemployment. also coming up the german lawmakers tried to do themselves and on cryptocurrency is to talk to someone who brought in a role in $0.02 to parliament. and the residents of harare facing a crippling water shortage amid a lack of foreign currency authorities has scrambled to secure to secure chemicals to treat water. welcome to the daily there's i'm joined now though milan in berlin

we begin in south africa where record high unemployment is seeing another related spike in false job advertisements job seekers are falling into traps lead out by scammers sometimes with severe consequences. learned to be cautious the 30 year old from cape town now reads her email very carefully she became the victim of an online scam while looking for employment. applied to one of their biggest companies in south africa with petrol and it's a great company i was very excited to get their contracts but then i had to pay now that 550 we made me a bit skeptical about it but i said you never know if you don't do it what if i lose their job why do you the job offer wasn't real picky pay the scam or the

equivalent of about 40 dollars for a fake police clearance certificate when she didn't get any further response she contacted the actual company. i had to send them an email to complain and they said sorry about their investigating. but then they never got back to me up until today . pigs experience is not unique the patrons in this internet cafe all have similar stories to tell with an unemployment rate at a record high of 29 percent south african job seekers are the perfect prey for online scammers. fraud and identity theft are common mode of scams but it can get even more serious especially for women. this can potentially also lead to human trafficking when people unsuspecting job seekers are lured to thinking that they would get job outside of our borders sometimes even within our borders across

provinces when they reach their destination they are made to do it with. other things other than being given the job promised reputable job boards now issue warnings about fake ads posted on the internet industry expert or deal barton horsed knows what to look out for the 1st and most important thing is to realize that no company can ever charge you to be placed in a job if a job is making a lot of promises you know if it stating things like a big salary for minimal work you should be suspicious. peggy is happy that she came out of this experience fairly unscathed she now looks out for her younger sister told her a lesson that she missed 2 friends confirm it check with me also because now i'm very vigilant i'm very careful but with a large number of job seekers it's unlikely the scammers will retreat anytime soon here to give us more insight into unemployment in south africa is brought on when

seaborne she's a news editor and anchor at business day t v welcome bronwyn donovan can you tell us unemployment is sitting at a record high in south africa what has contributed to this. so as you mentioned a little earlier a record high for us is 29 percent and just to put that into perspective that means that 6650000 people are sitting with work they are a couple of reasons why but the main reason comes down to lack of investment in the economy 1st seen not only by the private sector do to low confidence levels but also by government because government is so fiscally constrained they just don't have the money to invest it back into the economy because they're supporting all struggling state owned enterprises. and do you see the situation raising the potential for social unrest. absolutely there's definitely the raised

risk of social unrest and for example banks have been planning for the 4th industrial revolution here and that means that they're going to be closing a lot of branches and that's going to come with a lot of job losses and our main banking union which is known as suspect they're planning strike action for this coming friday which will see over 40000 workers stay away from work their intention is to bring the whole sick to to a standstill because they believe that these job losses are just unacceptable as well as the wages that they're being paid they believe are just too low when compared to the pay that most c.e.o.'s are getting at the moment in this tough economic climate. thank you very much bronwyn seaborne news editor and anchor at business day t.v. . to the brave new world of crypto currencies now to say the least it's a new challenge for regulators money that goes into traditional banks the might

just be a bunch of ones and zeros on a digital ledger but it has the benefit of being backed by government guarantee crypto currency is like a big coin and facebook's lever on the other hand could eventually give a fee up money or run for well that's money and governments around the world have to figure out what that will mean for the future of transacting now here in germany lawmakers met this afternoon to discuss crypto currencies and their potential effect on existing financial systems with a group of chosen experts one of those experts joins me today in the studio katerina garo she is the c. immutable insights a block chain analyst analytics services a firm now fresh from speaking to those german m.p.'s what is your impression of where they are with regard to crypto currencies well in comparison to the other hearings that i've been to i was astonished off today's quality of discussion i

could tell that also through all the discussion of the block change strategy that the german government now proposed actually there has been a significant increase in the level of knowledge and understanding of the technology and to meet the striking new premier if you want was that there was actually the recognition that it's about opportunities and that you know in the broad is proposed example but there could be others and why not think about a european alternative so i found that spirit and that momentum sedating and i think that will change the discussion from now on. these their homework is definitely good news but when you talk about. opportunities i guess you also have to talk about risks i can also they can also imagine that they asked you about the risks associated around crypto currencies like terrorism financing investor protection money laundering did you have anything to say about that when you were in parliament today. as

a matter of fact i did because it's one of my core competencies i think that money laundering and block chain is associated is an early and urban myth in the end it's to be quite honest the most the most stupid idea to walk along the money on block because you'll be for ever documented on exactly what you did and companies like ours who specialize in analyzing the box and will be able to prove for ever what you did and when you did it so i think in the end if you twisted around it's about the opportunities also for a state to be more effective tax evasion that's the big topic corruption big topic money laundering terrorist financing but as a matter of fact the block chain is the much better source than the current system because all those things happening in the current system not on the block so i do think that they're also understood that if you wanted to become more effective as a government then you know we should also look into the opportunities it has for

the state itself now yesterday we saw a bit of a tumble from the cryptocurrency is like a fairy and bitcoin saw drops of more than 15 percent now what those of that kind of volatility do to the potential mass adoption of crypto currencies is it then in the cards. i think we should differentiate between the current crypt occurrences like bitcoin and if you mean the others the whole category of stable coins right now suggests that a stable coin and i think the underlying principle is that you don't use peculation like bitcoin but you actually do use the value of existing longs and existing currencies. so in libra it would be 50 percent bonds and it would be 50 percent actual you know currencies so that is perceived more stable than bitcoin and if you miss i think overall let's not forget that the current monetary system is also one

of volatility and i think it's a question of how sensibly we manage a basket that would provide more stability than bitcoin an ether and how it builds on existing systems then i mean that's what i'm getting from what you're saying thank you very much that was very interesting katerina the c.e.o. of immutable insight there for us thank you very much into a match now to some of the other global business stories making news. the former head of don's good bank and a stone you know i have our radar has been found dead initial reports point to suicide it was part of the ongoing investigation into an alleged money laundering scheme investigators allege that don they funneled some 200000000000 euros in illicit funds through its tiniest during re is 10 year. germany has had its biggest tech i.p.o. in 2 decades team viewer which makes it video conferencing and remore remote working thought where went public in frankfurt earning investors billions in the

process the company raised over 2200000000 euros. at the start of this week a major treatment plant in harare was shut down leaving 2000000 people without a water supply authorities and those them when capital have been left scrambling to secure a 5th ply of the chemicals needed to run the facility the tops running dry is another tangible symptom of the country's worst economic crisis in a decade. the queues started before dawn broke after domestic supplies were shut off this bore hole in the coolant sauna township became one of the only places the locals could get water tempers frayed as each tried to secure their share. want to let out where nothing is working in this country how supposed to survive after this we have to wait for the electricity which doesn't come until midnight. the lack of treated water is raising new fears about disease in communities already recovering

from a cholera outbreak what's more a drought is causing reservoirs to evaporate it's the water here that needs purifying before it's sent to taps in harare but authorities say they lack the foreign currency needed to buy chemicals. this is. a desperate situation. the council now says it secured a week supply of chemicals from another town the long term solution is still urgently needed. thank you very much for watching.

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line with the rules for sex by the team. no. smoking recipes or success strategy that make a difference. baking bread on d w. this is the deputy's africa coming up in the next 15 minutes when it's off beat all to. native nobel prize has been announced and an activist campaigning for western song independence is among one of the judges will tell us why i mean the 2 tied up was deserving. and sent you to a nursery school teaching children eco friendly practices in kenya. then how the sport been seen as really have been escaping prison is in senegal.